AMD Names Thomas Seifert Chief Financial Officer - HotHardware
AMD Names Thomas Seifert Chief Financial Officer

AMD Names Thomas Seifert Chief Financial Officer

AMD Names Thomas Seifert Chief Financial Officer

20-year semiconductor industry veteran with proven financial, operations and management experience

SUNNYVALE, Calif. -- AMD (NYSE: AMD) today announced the appointment of Thomas Seifert as senior vice president and chief financial officer. Seifert, 46, will report to Dirk Meyer, AMD president and chief executive officer, and will have responsibility for leading the company’s global financial organization. Seifert succeeds Robert Rivet, who was previously promoted to chief operations and administrative officer.

“Thomas is a talented industry veteran with a wealth of knowledge and experience managing the operations and finances of companies in the most difficult and competitive sectors of the semiconductor industry,” said Meyer. “This knowledge and experience will enable him to further strengthen AMD’s financial foundation and help accelerate our transformation into a product design and marketing leader.”


Thomas Seifert - Chief Bean Counter - AMD


Seifert joins AMD from Qimonda, where he most recently was a member of the Management Board as well as chief operating officer and chief financial officer. Previously, Seifert was senior vice president and general manager of the Wireline Business Group at Infineon AG.

Seifert received a bachelor’s degree from Friedrich Alexander University, a master’s degree in economics from Wayne State University, and a master’s degree in business administration from Friedrich Alexander University.

0
+ -

Count those beans!

1, 2, 3, 4 cores .......

0
+ -

Best of luck to him; That's a pretty tough job he's walking into.

I haven't been too optimistic about AMD's future, but I hope they can give Intel some more competition in the future so that we consumers can continue to reap the benefits of the resulting innovation.

0
+ -

Yeah, AMD is taking tons of losses and I don't know how long random Middle East companies can save them.  Hopefully this guy can do something to help.  One thing that worries is me what will happen to ATi since unlike Intel vs AMD, ATi has been arguably the better choice over Nvidia for the past 15+ months.  A monopoly on either front would be bad for consumers, so let's see AMD get in the profit zone for once!

0
+ -

Yeah: we definitely want to see the ATi portion stay in business for the same reasons.

nVidia *will* release a GPU that trumps the latest Radeon, but it might take them 6 months or more to compete at the same price level... let's hope that ATi can make some cash in that time to invest in their next leap-frog release.

I half-expect/hope for AMD to come out any day and announce they are about to release their own uber-secret C/GPU processor, and put Intel back in the catch-up mode they haven't experience since the Athlon64 days. That's just me dreaming for cooler computers, though. :)

Login or Register to Comment
Post a Comment
Username:   Password: